To continue under Composition scheme
This query is : Resolved
18 April 2020
Sir,
We were under " Composition " scheme in the FY 2019 - 20 and
would like to continue the same in the current FY ( 2020 - 21 ) also.
Should we file CMP-02 ?
What should we do to continue as "Composition " dealer ?
Pls. advice.
We were under " Composition " scheme in the FY 2019 - 20 and
would like to continue the same in the current FY ( 2020 - 21 ) also.
Should we file CMP-02 ?
What should we do to continue as "Composition " dealer ?
Pls. advice.
18 April 2020
As per the advisory issued, tax payers who already under the composition scheme, are not needed to re-opt for composition scheme again for FY.2020-21.
18 April 2020
Yes reply is correct, person already paying tax under composition scheme need not to file fresh intimation cmp-02 for FY-2020-21 as per cgst rule 5(2).
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